What is an applicant tracking system? How can such systems improve a firm's talent management efforts?

What will be an ideal response?

Answer: An applicant tracking system allows a firm to collect and assess recruitment metrics. Metrics might include, "quality of new hires" and on "which recruitment sources produce the most new hires." Applicant tracking systems support the employer's talent management efforts in other ways. For example, installing an Authoria ATS enabled the Thomson Reuters Company to identify the sources, candidate traits, and best practices that work best in each geographic area where they do business. This in turn enabled them to reduce recruiting costs, for instance, by shifting recruitment dollars from less effective sources to ones that are more effective. Similarly, the ATS can also help hire better employees, for instance, by helping the employer see which employee competencies correlate with superior performance.